ELRAHMA CHARITY TRUST
The relief of poverty and advancement of education and religion in the Muslim community, to assist the poor and orphans of Islamic religion, to erect or help to erect schools, charitable institutions, mosques, orphanages and nurseries for the Islamic community in the United Kingdom and abroad.
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operating loss of £334,448 for the year ended 31 December 2024, driven by charitable expenditure exceeding investment income. Per the trustees' report, unrestricted reserves stood at £45,689,314, providing substantial cover for future commitments despite the current deficit.
What the accounts disclose
“the charity aims to maintain a cash reserve to cover anticipated grant and other future commitments in the current and forthcoming financial years.”
“During the year the charity received IT services from Tristar Tech Solutions Limited for which it paid £2,250 (2023:£2,015). Mr Omar Megerisi and Mr Hazem Megerisi are directors of Tristar Tech Solutions Limited.” — page 23
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ABUBAKER MEGERISI
- ALI ABUBAKER MEGERISI
- HAZEM MEGERISI
- MOHAMED ABUBAKER MEGERISI
- MR O MEGERISI
- MR TAREK MEGERISI
- OTMAN MEGERISI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £798k | £1.1m |
| 31/12/2023 | £649k | £1.1m |
| 31/12/2022 | £410k | £829k |
| 31/12/2021 | £398k | £911k |
| 31/12/2020 | £948k | £875k |
Common questions
Is ELRAHMA CHARITY TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an operating loss of £334,448 for the year ended 31 December 2024, driven by charitable expenditure exceeding investment income. Per the trustees' report, unrestricted reserves stood at £45,689,314, providing substantial cover for future commitments despite the current deficit. Its FY2024 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IHELP GLOBAL | 1 | £24k |
Charities like this
- IBAD-UR-RAHMAN TRUST
- DAR ALHEKMA TRUST
- NOOR TRUST
- AHLUL ISTIQAMAH TRUST UK
- RAHMA (MERCY)
- HAZRAT SULTAN BAHU TRUST (UK)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ELRAHMA CHARITY TRUST | £798k | — | 0 | unclear | — | no doubt |
| IBAD-UR-RAHMAN TRUST | £909k | — | 0 | above | — | no doubt |
| DAR ALHEKMA TRUST | £101k | — | 0 | unclear | — | no doubt |
| NOOR TRUST | £490k | — | 0 | unclear | — | no doubt |
| AHLUL ISTIQAMAH TRUST UK | £160k | — | 0 | unclear | — | no doubt |
| RAHMA (MERCY) | £4.2m | — | 0 | unclear | — | no doubt |